ForexTrendline

Correction before the next drop

Short
FX_IDC:EURUSD   Euro / U.S. Dollar
The downfall on EURUSD continues and it looks like it will break below 1,1400. However, before that we should see a correction.
This means a possible re-test of 1,1500 and potential entries.

Once we see price back to 1,1500 and leaving long wicks to the upside, that will be a good short opportunity with targets below 1,1400.

The shortest SL remains above 1,1574.

I wouldn’t recommend any long positions back to 1,1500!

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